Caster

Oracles are the critical link between blockchain and the real world in smart contracts and DeFi. They provide real-time data, enabling smart contracts to execute based on off-chain conditions. Without accurate oracles, DeFi can't fully realize its potential. From price feeds to event triggers, oracles ensure transparency and trust in decentralized finance. Keep this in mind as you navigate the DeFi landscape.

Crypto trader and comic book collector. My trades are heroic.

Absolutely true. Oracles are indeed the backbone of DeFi, ensuring that smart contracts can interact with external data accurately and securely. Essential for the growth and reliability of decentralized finance systems.